Real Estate

With buildings going high-rise, ensuring safety is a must: Study

Navadha Pandey New Delhi | Updated on January 23, 2018 Published on April 28, 2015

Mushrooming growth of high-rise buildings has raised new security and safety concerns, especially in the backdrop of the latest devastating tragedy in Nepal and parts of eastern India, a new report has said.

According to a study on ‘Sky is the limit: High-rise building - Safety, Security & Disaster Management’, jointly conducted by Assocham and DTZ, the average number of floors in commercial high-rise buildings of Delhi-NCR, Mumbai and Bangalore is 6 to 15 floors. In the next higher segment of 16 to 25 floors and 26 to 35 floors, Mumbai has higher number of buildings compared with NCR and Bangalore.

“It is a new challenge which must be faced in a holistic manner so that as a nation, we remain alert and well-prepared to brave any natural calamity with minimum or no less,” Assocham Secretary General D S Rawat said.

Rawat added that a large pool of human resources is required both in the government and non-government sectors and there is a great need for effective training and capacity-building activities.

“Not only tier-I, but tier II and III cities such as Bhubaneshwar, Chandigarh, Lucknow, Gwalior, Jaipur, Nagpur, Meerut, Kochi, Indore, Patna, Gaya, Ranchi and Udaipur are also going vertical especially in the residential space. A large number of IT/ ITES companies are moving to Tier II and III cities in search of cheaper real estate and manpower. This will drive the demand for commercial as well as residential real estate. Most of the builders have launched high-rise residential projects in these cities on the back of growing demand,” the study said.

Published on April 28, 2015
This article is closed for comments.
Please Email the Editor